Friday, May 7, 2021

Cathy Woods - an English major (i believe!) who happend to be a portfolio manager ...

can't believe people could be so blind from inside, as to how they look at their own performance .. she uses the words like "satisfying" & "gratifying" to describe her feelings, as her funds have come down 25-30% this year ... because the 15% expected return before the drop now looks like 25+% for the same outcome in future.

hard to count how many times she uses the word - ecosystems.

how convoluted a mind can be ..?

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you don't need to be a PhD in economics ...

to solve an economic problem ... & there are 100s of PhD working at Federal Reserves forecasting an inflation in future due to tariffs ....